-
Oct 29, 2024 | 
allwork.space | Dominic Catacora
When employees believe they are constantly being watched, it can create a climate of suspicion that reduces employee motivation and overall job satisfaction across an organization. The potential biases stemming from the analytics produced by these workplace surveillance programs can have a negative impact on employees’ mental well-being — creating an environment where they often feel judged by what they believe is incomplete data.
-
Oct 23, 2024 | 
allwork.space | Dominic Catacora
When planning a vacation, whether you plan to use PTO or not, it is essential to let managers know. When employees are open about their work locations, it helps maintain clearer lines of communication with team members and managers, and limits surprises. It’s important to set realistic expectations for what you can accomplish during your workation, and focus on the most important tasks.
-
Oct 1, 2024 | 
allwork.space | Dominic Catacora
September saw a significant rise in commercial mortgage-backed securities (CMBS) delinquency rates particularly within the office and retail. Wolf Street reports that office CMBS delinquencies soared to 8.4% — a level not seen since 2010, during the Great Recession. The surge is largely driven by overbuilding and the consistent trend of remote and flexible work arrangements, which is leaving many office spaces across major U.S. markets vacant with financial obligations unmet.
-
Oct 1, 2024 | 
allwork.space | Dominic Catacora
Most Gen Z workers in the U.S. are entering the workforce with serious financial concerns. A recent survey by ResumeTemplates.com revealed that 87% of Gen Z workers feel they are underpaid — even among those earning six-figure salaries. This perception reflects broader economic pressures across the country that are driving young employees to seek higher wages and greater financial stability.
-
Oct 1, 2024 | 
allwork.space | Dominic Catacora
Updated Labor department data shows U.S. job openings experienced an unexpected rebound in August. Job vacancies surged to 8.040 million by the end of the month, surpassing economists’ forecasts of 7.660 million, according to the latest JOLTS survey. This follows two months of declines and adds a layer of complexity to the already challenging landscape faced by job seekers and employers alike.
-
Sep 30, 2024 | 
allwork.space | Dominic Catacora
New data reveals the increasing influence of hybrid work environments on how business leaders approach traditional workplaces. Nearly half (49%) of the corporate real estate executives surveyed in CBRE’s 2024 Asia Pacific Office Occupier Survey indicated they plan to expand their use of flexible office spaces over the next three years. The survey reveals flexible space currently makes up slightly over 10% of most corporate real estate portfolios.
-
Sep 30, 2024 | 
allwork.space | Dominic Catacora
Many remote workers in the U.K. experienced a notably slower pay growth compared to their in-person colleagues during the first two years following the COVID-19 pandemic. Bloomberg reports that a recent study shows hybrid work arrangements, though beneficial in terms of promoting greater work-life balance, could come at a financial cost. In-person employees saw greater increases in their salaries to compensate for the lack of work-from-home benefits, the study showed.
-
Sep 30, 2024 | 
allwork.space | Dominic Catacora
California Governor Gavin Newsom has vetoed Senate Bill 1047, a state proposal aimed at imposing stricter safety regulations on advanced Artificial Intelligence (AI) systems, a decision that has reignited debate about the growing use of AI across the workforce. The bill would’ve required tech companies to conduct safety tests on their AI models prior to public release.
-
Sep 27, 2024 | 
allwork.space | Dominic Catacora
Central banks including the U.S. Federal Reserve, the Bank of Canada, and the Bank of England have moved away from focusing solely on controlling inflation to measures aimed at stimulating economic growth. Despite these efforts, the global labor market continues to face significant challenges. Recent data published by LinkedIn shows hiring rates have declined across major economies.
-
Sep 27, 2024 | 
allwork.space | Dominic Catacora
Dell has announced that its global sales team will be required to work from company offices five days a week. The return to office (RTO) mandate, effective September 30th, marks another big change from the tech company’s previous hybrid policies of three office days per week. Reuters reports that a company memo cited the importance of establishing a collaborative environment — which Dell believes is essential for improving the skills of its employees.
